Alderman's Dry Cleaners has determined the following about its costs: Total variable expenses are $37,500, total fixed

Question:

Alderman's Dry Cleaners has determined the following about its costs: Total variable expenses are $37,500, total fixed expenses are $33,000, and the sales revenue needed to break even is $44,000. Determine Alderman's current 1) sales revenue and 2) operating income.